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Downtown Parking Lot For Sale
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725 S 7th St, Louisville, KY 40203

0.99 acre parking lot with 154 spaces.

Property Size1 SF
Lot Size0.99 Acres
Price / SF$770,000
Days on Market649

Property Features for 725 S 7th St

General Information

Standard status Active
Size 1 SF
Total Parking Spaces 154
Lot size 0.99 Acres
Property subtype Land
Zoning PD - Planned Development
Listing Agency: Cushman & Wakefield Commercial Kentucky
Listed By: Sam Gray · License #KY 249598
Source: Crexi
Added: Nov 12, 2024 Changed: Aug 8 Last Checked: Aug 23 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield Commercial Kentucky

Investment Insights

Based on property information with market context.

This 0.99-acre parking lot is available for purchase. It features 154 parking spaces and is comprised of 7 parcels. The lot is situated downtown, just south of Broadway, at the corner of 7th and York Streets, providing convenient access. Its location offers proximity to various services, including USPS, LG&E, Gannett/Courier Journal, and government facilities. The property is suitable for commercial land, parking, automotive, and retail purposes.

Key Highlights

  • 154 Parking Spaces
  • Prime Downtown Location South of Broadway
  • Large 0.99 Acre Lot

Property Analytics

Current Use

725 S 7th ... Parking Lot & Garage

Suggested Use

Top Pick Garden Center Storage Facility Pet Store & Service Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,765
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 16% Hotels & Casinos 7% Electronics 2%
McDonald's Dining
26,716 visits/mo 0.5 miles
Wendy's Dining
18,201 visits/mo 0.5 miles
McDonald's Dining
15,307 visits/mo 0.5 miles
White Castle Dining
12,209 visits/mo 0.1 miles
Shell Shops & Services
11,027 visits/mo 0.3 miles

Demographics for 40203, KY

16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.99 acre parking lot with 154 spaces.
Where is this commercial land located?
The property is located at 725 S 7th St Louisville, KY.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: 154 Parking Spaces; Prime Downtown Location South of Broadway; Large 0.99 Acre Lot
(502) 719-3240 Call to check price and availability
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